Each individual who earns money needs to pay Income tax. Whether you reside in your own country or a foreign country, it’s mandatory to pay the amount on time. But the taxation rules vary according to the country. And in China, it’s quite complex. Are you going to be a taxpayer in this country? Then it’s a must to be well aware of the China Individual Income Tax first. And that’s where this article can help. So, keep on reading! What is Individual Income Tax? Individual Income Tax refers to a tax levied on salaries, wages, and other income of a person. This type of tax is the source of revenue for the government. This tax rate increases with income. It means those who earn high income give more tax as compared to low-income people. Now, let’s know about how this taxation works in China in the following lines. How Individual Income Taxation Works in China The State Administration of Taxation (SAT) uses two criteria to determine whether the person is tax-resident or non-tax-reside...

  Is your expat tax deadline is coming closer? But you have still not paid! Well, in China, most expat Americans prefer to hire a taxation expert to file the US individual tax return. And you should do the same. Now, you must think about how right? You should follow a few tips to find an expert who can provide the right services for expat tax in China. And that’s what this article has discussed. So, keep on reading! How to Choose the Right Professional for Expat Tax Services Go through the following tips attentively before you hire a tax expert. 1. Find the Expert That Specializes in Expat Tax Would you buy your car products from a medicine shop? Then why hire a tax expert who is not specialized in the expat taxes. In China, you will find many taxation firms where the tax accountants work for expat tax. So, find a trusted one, and meet your requirements. 2. Consider Experience of the Expert Experience matters a lot in terms of hiring a tax expert. An experienced tax expert can prep...